Added to YB: 2024-05-14
Pitch date: 2024-05-12
SEI.V [bullish]
Sintana Energy Inc.
-57.65%
current return
Author Info
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Company Info
Sintana Energy Inc. engages in the crude oil and natural gas exploration and development business. It holds various interests in five onshore and offshore petroleum exploration licenses in Namibia, as well as in Magdalena Basin, Colombia.
Market Cap
CAD 268.3M
Pitch Price
CAD 0.98
Price Target
2.25 (+442%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-18.06
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
growth
Sintana Energy: finding diamonds in the Namibian waters
Sintana Energy (SEI.V): Diversified offshore Namibia oil explorer. Mopane (PEL 83) discovery of 10B+ barrels oil in place, 4.9% carried by Galp. Also 4.9-7.35% in PEL 87 (huge Saturn superfan prospect), PEL 90, PEL 82 carried by majors. Potential value: C$0.96-2.25/share (C$1.57 base case) vs C$0.97 price now. Key catalysts: farm-outs, drilling permits & wells in PEL 90 & 87. Low geological risk, material upside.
Read full article (24 min)